Controls That Enhance the Accuracy and Reliability of the Accounting

question 4

Multiple Choice

Controls that enhance the accuracy and reliability of the accounting records are

• A)automated controls.
• B)external controls.
• C)mechanical and electronic controls.
• D)physical controls.

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Definitions:

Z-score

A standardized score that indicates how many standard deviations a data point is from the mean.

Continuous Random Variable

A variable that can assume an infinite number of values within a given range, where the outcomes cannot be counted but are measured.

Density Function

A mathematical function that describes the probability distribution of a continuous random variable, indicating how the total probability is distributed over the various possible values the variable can take.

Symmetric

A characteristic of shapes, equations, or other entities that remain unchanged when reflected, rotated, or transformed in specific ways.